The two separate towns of Rajpur and Sonarpur in the South 24 Parganas district of the Indian State of West Bengal has been united to form the municipality of Rajpur Sonarpur. This small and emerging city comes under the Kolkata Metropolitan Development Authority or KMDA region. The area was earlier inhabited by the zamindars, who called the area "Rajar Puri," that translates to "Land of the Kings" in the regional language. The city is well connected to the nearby areas and lies in the vicinity of the metro city Kolkata. Rajpur Sonarpur is mostly a residential area and its residents mostly work in the service sector of the KMDA region. The Tripurasundari Temple in Boral area of Rajpur Sonarpur is a famous spot that attracts tourists as well as devotees. Many famous Bengali movies have been shot in and around this city. Rajpur Sonarpur city has a population of around 4 lakh and Bengali is the most commonly used language in the area.
In 1964 the head office of Indian Overseas Bank was inaugurated at Mount Road. The Indian Overseas Bank has been the first public sector bank to introduce mobile banking services using Wireless Application Protocol(WAP). On 29 August 2003, the Indian Overseas Bank has opened an extension counter at Bambalapitiya, Ceylon. In 2005, the IOB began a representative office in Guangzhou; China followed which the bank opened another representative office in Kuala Lumpur and Dubai, UAE. In 2007 The bank took over Bharat Overseas Bank. After three years, Malaysia granted a commercial banking license to a local bank jointly owned by Bank Of Baroda, Indian Overseas Bank, and the Andhra Bank. The new bank named, India International Bank (IIB Malaysia), began its operations in 2012 in Kuala Lumpur and had a large population of Indians. The Andhra Bank has a 25% stake in its joint-venture, BOB owns 40%, and remaining 35% is with IOB. On 31 August 2013, the Indian Overseas Bank has incorporated an offshore banking unit in Colombo, Sri Lanka. The bank also converted its existing Extension Counter at Ceylon into a full-fledged branch. In 2014-15, the IOB bank has crossed the target of 3000 ATMs as on 2014.IOB also launched m passbook app as a new mobile banking initiative.